Leading sectors in the benchmark included Utilities, with a return of 16.1 percent, and Real Estate at 15.4 percent, while the Information Technology sector’s minimal 0.2 percent increase tempered gains due to its large benchmark weighting. Â
In this quarter, the MSCI World Value Index achieved an 8.2 percent increase, exceeding the MSCI World Growth Index’s 2.2 percent. Â
Meanwhile, emerging markets performed strongly, as evidenced by the MSCI Emerging Markets Index’s 7.3 percent increase, with significant contributions from the Chinese equity market, which rose 21.9 percent.  Â
Canadian equities within RBCIS client plans showed strong performance, supported by large exposures to value-oriented stocks, and produced a 9.6 percent return. Â
This figure was slightly below the TSX Composite Index, which rose 10.5 percent over the quarter, with Financials and Materials sectors providing substantial support at weights of 17.0 percent and 12.2 percent, respectively.  Â
